11.15% Simplex Infrastructures Limited - D Rated (INE059B07096)

Simplex Infrastructures Limited, a Industrial company, has floated Debenture, having ISIN value as INE059B07096, with a face value of ₹10,00,000 rs on 09Jul14 to raise 75 crores. The debt instrument is issued with a coupon rate of 11.15% and its interest is paid Annually. The returns are Taxable and one has to pay the applicable tax on the returns from this investment. As per the filings, the long description of this Secured Debenture is 11.15% SECURED REDEEMABLE NON CONVERTIBLE DEBENTURES. SERIES V. LETTER OF ALLOTMENT. DATE OF MATURITY 09/07/2021. This instrument is issued in Private Placement mode. It has Simple coupon type with Full Redemption option. The Bond is Not listed on any stock exchange. CARE Ratings Limited has given D rating to this Debenture on 26Dec13. This issuer is formerly known as SIMPLEX CONCRETE PILES (INDIA) LTD Neither the Principal nor the Interest is covered for this Debenture. Yes, this debt instrument is Perpetual In Nature.